Freedom 100 Emerging Markets ETF
FRDM
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 825 Third Avenue, 33rd Floor New York NY United States of America 10022
- IPO Date
- Jun 14, 2019
- CIK
- 0001592900
- Website
- freedometfs.com
- Similar Companies
- Business
- Freedom 100 Emerging Markets ETF (FRDM) is an exchange-traded fund that seeks to track the total return performance, before fees and expenses, of the Freedom 100 Emerging Markets Index, a rules-based, freedom-weighted emerging markets equity index developed in 2017 by Life + Liberty Indexes, LLC. The fund employs a passive management strategy via replication or representative sampling, investing at least 80% of its net assets in common and preferred stocks, including depositary receipts, of companies economically tied to emerging market countries; the index selects approximately 100 securities from eligible countries using minimum market capitalization and liquidity screens, free-float market cap weighting within country allocations, and exclusion of state-owned enterprises with 20% or more government ownership. Core holdings emphasize large-cap companies in information technology and financials sectors, with significant geographic exposure to Taiwan, Chile, South Korea, Poland, South Africa, Brazil, Thailand, Malaysia, Indonesia, Mexico, Philippines, and India; top positions as of September 2025 include Samsung Electronics Co., Ltd. (8.78%), Taiwan Semiconductor Manufacturing Company Limited (7.47%), and Falabella S.A. (4.25%). Launched on May 22, 2019 and listed on Cboe BZX Exchange, Inc., FRDM is managed by Empowered Funds, LLC dba EA Advisers, with an expense ratio of 0.49%; assets under management stood at $1.73 billion as of December 16, 2025, with headquarters operations based in Havertown, Pennsylvania. Recent operational changes include a distributor transition effective November 17, 2025, from Quasar Distributors, LLC to PINE Distributors LLC, with no affiliation to the fund or adviser; the index underwent its annual reconstitution in January 2025, incorporating India into the included countries alongside Taiwan, Chile, South Korea, Poland, South Africa, Brazil, Thailand, Malaysia, Indonesia, Mexico, and Philippines based on updated freedom scores derived from 86 personal, political, and economic freedom variables sourced from the Cato Institute and Fraser Institute.